Mitsui Chemicals cuts runs at two Singapore BPA lines to 40%

18 November 2011 10:43[Source: ICIS news]

SINGAPORE (ICIS)--Japanese producer Mitsui Chemicals cut operating rates at two of its bisphenol A (BPA) production lines in ?xml:namespace>Singapore to 40% of capacity on 16 November because of prevailing weak market conditions, a company source said on Friday.

The company runs three production lines in Singapore, with a combined capacity of 230,000 tonnes/year. One of the production lines was shut in late October, while the two other lines were running at full capacity prior to the recent cuts in run rates.

Operating rates at the two lines will be restored to 70% capacity in December as part of the company's inventory management, the source said.

The production cuts are not anticipated to have a major impact on prices given ample supply and weak demand, market sources said.